The owners of Monifieth care home Tigh-Na-Muirn have sold the business. Peter and Carol Philip opened the home in 1991 but instructed a confidential sale as they look to retire. The home, in Victoria Street, is registered for 59 residents.

It occupies a converted mansion house and garden wing set in two acres of secluded gardens. It has an on-site hair and beauty salon, bar and cinema room. Selling agents Christie & Co said it had been sold to a national operator.

Records at Companies House identifies Tigh-Na-Muirn Limited’s new directors as Sachin and Samit Unadkat. They already operate several care homes across Britain and have incorporated a new company, Tnm Care Limited, which now owns the majority of Tigh-Na-Muirn Limited’s shares. A statement from Mr and Mrs Philip said: “It is a wrench to pass on the home as we have owned and run it for 33 years.

“However, we are passing it on to the new owners with a marvellous management team and staff and wish them every success.” The property was sold for an undisclosed price. Martin Daw, senior director at Christie & Co, said: “I first visited in 2007 and was immediately impressed by the quality of the environment and care provided.

“The home has stood out from the hundreds of homes I have seen over my career. “No expense was spared in providing a luxury hotel-style care home, with the owners always looking ahead to source the best technology and care approaches to enhance the lives of the residents. “I can hones.